When you seek the measure of an investments performance the only one that matters is the total return at the end, not simply a couple good years along the way. Your browser is not currently supported. I've been talking with a few people from the boot camp and everyone thought it was good. Sq Ft. Fitness Center ----- Website: mobilehomeparkstore.com; Address: 520 Pine Ave, Goleta, CA 93117; Cross Streets: Between Carson St and Technology Dr/Thornwood Dr; Phone: (805) 964-1614; Hours may change under current circumstances. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. I read every book they have and listened to every audio program. This really is gonna be a good year, I really am getting a good feel of the industry and have clear picture where I want to go in it. We wanted to thank you so much for all the effort and planning that you put into the boot camp this weekend. More Info. ft. home is a 5 bed, 6.0 bath property. After a flurries of emails going back and forth between him and me, he said you are stealing the deal, go and buy it.He gave me a 30 day due diligence book during the bootcamp and I followed the book line by line for due diligence. Playground. 11911 E Mansfield Ave, Spokane Valley, WA 99206, 12007 E Coyote Rock Dr, Spokane Valley, WA 99206, 13525 E Carlisle Ave, Spokane Valley, WA 99216, 16621 E Indiana Ave, Spokane Valley, WA 99216, 16609 E Desmet Ct, Spokane Valley, WA 99216, 22495 E Clairmont Ln, Liberty Lake, WA 99019. Based on information submitted to the MLS GRID. This form is intended for legitimate inquiries from individuals who are considering University Park MHC, LLC. In Unit Washer & Dryer The differences between your method and Frank's was a bonus that was extremely valuable. Why Do We Teach Others How To Buy Mobile Home Parks? With apartments having reached a cyclical high and mobile home parks still running with plenty of value-building opportunity, many apartment owners are looking at buying mobile home parks. 83854, 1-3 Br I found Frank's style to be music to my ears. There is a lot of material and I still have a day job! Package Service, Dog & Cat Friendly you gave me when i got a little zealous and impatient. Consider this our "owner financing". But not just any park will succeed. Fitness Center Elevator, Dog & Cat Friendly Factors that influenced these ratings include building design, construction, exterior spaces, and amenities. I attended the boot camp in July 09. At University Park, residents enjoy life in a lively comfortable community with the cultural and entertainment activities of a large university nearby. All information is deemed reliable, but is not guaranteed. Some features of this website may not work until you update to a supported browser. The community's 382 home sites sit just blocks a . One Ticket: $1749 Register For 1 Ticket Two Tickets: $2499 Register For 2 Tickets *Additional group rates are available. University Mobile Home Park is an apartment community located in Spokane County and the 99206 ZIP Code. Not through adding expensive security personnel, but instead by enacting common sense strategies and enhancements to the mobile home park that help to deter and report crime when it occurs. University Mobile Home Park has 5 parks within 9.3 miles, including Dishman Hills Natural Area, Riverfront Park, and Manito Park. $117,000 3 Beds. Property Manager on Site Thank you. Truly amazing, triple-wide, one of a kind home with attached garage now listed. Mobile home parks have always been viewed as the lowest-cost form of housing while dollar stores serve that same niche in the retail sector. Clubhouse Thanks Frank & Dave! With your help in directing me on my park purchase, I just received my appraisal from the bank (with whom I'm refinancing) and the value came in at 950k , not bad considering i purchased it for 550k in Feb of this year. While 99% of park customers are wonderful people, there is that 1% that want to take advantage of your role as the owner to try to borrow money, harass you, get out of rules violations, get your manager fired basically try to drive you nuts. Stainless Steel Appliances In fact, our offerings at Mobile Home University are the #1 rated mobile home park educational products in the industry. Expand your search parameters, or consider saving this search to receive alerts when results become available. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act and equal opportunity housing. In this Mobile Home Park Mastery podcast were going to explore the role of being market leader and how to do a good job of it. But its perpetually harder to find those who will work on mobile homes as they seek better paying alternatives. All Rights Reserved. Ill be in touch as soon as i refi this park and move on to the next. Scores provided by 2 Baths. University Mobile Estates 24414 University Avenue Loma Linda, CA 92354 All Ages Community +1 Click to View Photos 31 people like this park. This has created an environment in which traditional banking is not always the attractive solution to getting deals done. I specifically wanted to achieve three goals, improve my MHP management planning and operations, become much more efficient (and competitive) evaluating parks/making deals, and start building my network of other park investors - I accomplished all three goals! Using this messaging system for any other purposes, such as solicitation or filing complaints, is prohibited by the MHVillage.com Terms of Use. Heat You will get all the critical tools you need while at the Boot Camp including the Park Evaluator software, access to our Reference Library of forms and contracts, the nearly complete list of the 44,000 mobile home parks in the U.S., and 2 free deal reviews with Frank. Thats why the largest mobile home park owner in the U.S. is Sam Zell, who was formerly the largest owner of apartments and office space in the U.S. In fact, you will receive all of our products in digital format including: That is over $1,500 worth of products & services to those that attend the boot camp! This policy does not apply to the practices of companies that MHVillage does not own or control, or to people that MHVillage does not employ or manage. The miles and minutes will be for the farthest away property. Car Charging Station, Dog & Cat Friendly There certainly appears to be a very unique profit potential in this market segment. I look forward to the chances that may come up in the future to explore opportunities. We have broken down and analyzed every detail of the industry and exposed what works and what doesn't. The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. So I fired the existing management. Walk Score MHVillage collects information about your transactions with MHVillage and with some of its business partners, including information about your use of the services that MHVillage offers. This seems to be contrary to all the physics of extending credit but its supported by fact. University Park MHC, LLC, Mankato, MN 56001. Mobile Home Park, Mobile Homes; Website. They started with just one park and just kept buying more. They were all great and I look forward to working with you in the future. This area is served by the Central Valley attendance zone. Your guide is Frank Rolfe, who is the 5th largest owner of mobile home parks in the U.S. Frank opened up with his humorous undertones about how the low income live and how many Mom & Pops operate parks. You have to know the ins and outs of what separates the winners from the losers before you invest. Property Manager on Site park. I really enjoyed the MHP boot camp this past weekend. Hi you guys! I will be in touch with you. We want you to leave with every tool you could possibly need to go out and buy a park, operate it, increase the value, and sell it when you are ready. Following the Boot Camp, you receive continual support through Quick Deal Reviews, in which you show us the details of the mobile home park you are looking at buying and we help you evaluate its potential, as well as the weekly Frank & Dave Show in which we answer live questions for an hour. Your host is Frank Rolfe, the 5th largest mobile home park owner in the United State with his partner Dave Reynolds. I wouldn't be surprised at all if a partnership opportunity comes along because people have seen what we did. Maintenance on site Mobile home lenders set very low expectations on customer credit scores yet enjoy very low default rates. The U.S. demand for affordable housing is huge, but you cant rent or sell a mobile home unless its been renovated. But NPR is determined to show that even when park residents are big winners its all part of an evil plot by corporate owners. Owning a mobile home park is a noble calling, but you must protect yourself from the residents you are trying to help. University Mobile Home Park. After a half a century of combined years in the real estate business, MHU.com is the only place that will give you the good, bad and the ugly details on Mobile Home Park Investing. I would really like to find a way to partner on a deal with one of you experienced guys. Powered by Unfortunately, many mobile home park owners refuse to follow this advice and end up holding on to unsuccessful managers for months or years longer than they should. People always say it is one of if not the best seminar they've ever been to on real estate. I read every book on the subject and every internet site I could find. Having built up a company and learning from the school of hard knocks, it was extremely impressive to see Frank give the class not just a lesson about how to acquire & manage a park but more importantly perhaps, how any business should be run. Welcome to University Mobile Home & RV Community, located in beautiful Spokane Valley. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. Your browser is out of date or unsupported. I am sure we are missing something you will have to be there to see it. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. We offer 2 and 3 bedroom units with washer/dryer in each unit. Affordable Housing is the hottest arena in commercial real estate right now. Community Amenities Property Manager on Site Picnic Area Lease Details & Fees Details Property Information Built in 1962 107 units/1 story Location 9518 E 4th Ave , Spokane Valley , We buy assignment deals from our students, get our name out in the industry, and help those who don't understand property values to be reasonable. Welcome to the Mobile Home Park Mastery Podcast where you will learn how to identify, evaluate, negotiate, perform due diligence on, finance, turn-around and operate mobile home parks! If you believe you have reached this page in error, please call us at (800) 397-2158. Trailer parks are big and. The typical tenant who rents from Rolfe and Reynolds pays $250 or $300 a. Again, this guided us through each step of the way, and the logic to each step was clearly explained. I will recommend your class to anyone without any reservation. No problem, Frank & Dave will often co-invest in deals themselves, as well as pay assignment fees for your deal. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: University Mobile Home Park, Spokane Valley, WA Real Estate and Homes for Sale. This could not be more true, and having founded and successfully sold a business in the past, the same irrefutable laws of business buildup apply to trailer parks. Once I am happy with them, I want look into buying more. With over 20% of American households now making $20,000 per year or less, and another 10,000 baby boomers per day retiring into social security incomes that average only $14,400 per year, the demand for affordable housing is giant and growing daily. I had some knowledge of MHP investments, but after taking the boot camp, I am more confident and I know what I did wrong with our MHPs. My wife and I are very analytical and detail oriented by nature and your materials are written with phenomenal clarity and depth. Had I taken this training 3 years ago no crying over past tense on my part. Last year, more than 80,000 homes were sold on MHVillage with a combined transaction value exceeding $3 billion. Heres how it works: We have created the most information-packed and time-efficient events you have ever seen. : Episode 264, The Biggest Differences Between Apartments And Mobile Home Parks: Episode 263, New Ways To Find Mobile Home Rehabbers: Episode 261, The Top Five Ways To Find A Mobile Home Park To Buy. Information deemed reliable but not guaranteed. How to Find Deals and Negotiate Price and Terms. Kitchen In & Out of Mobile Home Parks with $5 Million Profit. and We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: University Mobile Home Park, Goleta, CA Real Estate and Homes for Sale. I really was impressed with having a format and it flowed so beautifully back and forth impulsively and what appeared to be among great comrades. Although we had the natural questions of "are we wasting our money" when we first ordered your materials, within the first few chapters, we realized that we had found the right source for information. But what are the alternatives to sidestep traditional lending? I thought he will ignore my email. You dont have to take extended time away from your job and/or family, totally unlike normal real estate events. I have put another 3 parks under contract and should be closing soon. A used three-bedroom trailer can cost between $10,000 and $20,000, depending on its age, and take 10 years or so to pay for. Drawing from his many years in the business, he teaches through storytelling, making for an incredibly informative and entertaining three-day program. Walk-In Closets, Dog & Cat Friendly Not being a pedigree business person myself and starting out practically paycheck to paycheck without a degree, I chose the work hard route and bootstrapped my way to profitability before I knew there was a term for it bootstrapping, who knew! Please visit the contact us page to get in touch. 2023 RE/MAX, LLC. High-Speed Internet Every dime I spent I saved my FIRST day owning the park. There are also five parks within 9.3 miles, including Dishman Hills Natural Area, Riverfront Park, and Manito Park. It is also near Gonzaga University and Spokane Falls Comm. They arm you with the knowledge you need to go in confident that you will succeed. Listing by eXp Realty, LLC. I have implemented changes at my parks in the week since the course that will dwarf the cost of attending. The pandemic has hammered home the necessity to invest in contrarian industries that flourish in instability. Frank & Dave are the 5th largest owners of mobile home parks in the U.S., with over 25,000 lots in over 25 states. Even at 210k, no bank in the area would touch the park since it was in less than great shape and had virtually no income and expense records. Looking forward to our next encounter, the best to each of you. Fitness Center I look forward to doing more business with you. Start living the good life at University Mobile Home Park. All Rights Reserved. After thoroughly reading your manuals and listening to your CDs and attending your boot camp, we had few questions left about how to proceed and be successful in the business. I hope to see you at another boot camp with my second or third park underway. Jamie S. My brother and I wanted to thank you again for such an amazing weekend! We both agreed that yours was different because you were honest, up front, didn't sugar coat anything and everything you presented is applicable right away! My friend introduced me to the idea of Mobile Home Parks about 13 months ago. America is at a breaking point on crime. The class will start at 9am Mountain Time each day. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Santa Barbara Association of REALTORS. No! Each day of the class will end between 5pm & 6pm depending on where we get in the material. Information deemed reliable but not guaranteed. Then we follow up with teleconference Q&A calls to cover any questions that may have been missed! all of your materials and attended one of your boot camps. With your help in directing me on my park purchase, I just received my appraisal from the bank (with whom I'm refinancing) and the value came in at 950k , not bad considering i purchased it for 550k in Feb of this year. 12.6 mi, 1-3 Br The help you are continuing to offer is much appreciated and needed. new and slightly used homes has rekindled the notion of bringing many of these formerly doomed Thats the focus of this Mobile Home Park Mastery podcast. By clicking "Send Message" you agree to receive email from this seller or sales agent, which you can opt out of at any time. Thank you. Thats the focus of this Mobile Home Park Mastery podcast. This apartment community was built in 1962 and has 1 story with 107 units. Before the class, buying a park seemed very unlikely, but now doable. At University Park, residents enjoy life in a lively comfortable community with the cultural and entertainment activities of a large university nearby. It, for the first time, made me feel like we weren't the only ones with all these questions and concerns. Otherwise it is human nature to believe & make exceptions for many of the insane stories and conditions that come with every park- as Frank also says "every park has a personality of its own. Copyright 2023 MLS GRID. Being a successful park buyer requires discipline. The tour of the parks on Saturday injected some real life examples to what we leaned in our manual. First time in my life I saw a Mobile Home from inside. As we have continued to review what other websites and their associated "guru's" are peddling, we are 100% confident in your teachings, and we feel fortunate that we started our MHP investing career AFTER you decided to start teaching. Thanks for taking everyone to my park. (580) 357-1841. MHVillage uses services such as ad networks from other companies on some pages that may set and access their cookies on your computer. Dave G. My husband and I really enjoyed the boot camp. I used his referrals throughout the transactions. Contact us to improve this listing to attract more residents. Dave and Frank, University Mobile Home Park 520 Pine Avenue, Goleta, CA 93117 0 Homes For Sale 0 Homes For Rent No Image Found Los Amigos Mobile Home Estates 296 North Hope Avenue, Santa Barbara, CA 93110 0 Homes For Sale 0 Homes For Rent No Image Found Poppy Motel/Trailer Park 4197 State St, Santa Barbara, CA 93110 0 Homes For Sale 0 Homes For Rent Contact Us RE/MAX WA Real Estate University Mobile Home Park Real Estate I just wanted to say thanks, it's been a lot of work but I finally got 2 parks with my father, over 200 spaces, and some really valuable experiences. Affordable Housing is the hottest arena in commercial real estate right now. Everything you need to know about how to locate, evaluate, negotiate, perform due diligence on, finance, turn-around and operate a mobile home park is available right on this site. [email protected]. MHVillage automatically receives and records information from your browser, including your IP address, MHVillage cookie information, and the page you requested. Each office independently owned and operated. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, or misprints. That saved me $58,000 per year. View Homes In This Community View On Map Community Features Additional Details Street Type: Paved Age Restrictions: Yes Number of Sites: 81 Distance to water: 1.1 Miles Contact Information View Homes In This Community Print Community University Mobile Home Park 520 Pine Avenue Goleta, CA 93117 Age-Restricted (55+) Community 2 people like this park. Thats why we have a range of attendees that include new investors, appraisers, bankers, stock analysts, and even current park owners who want ideas to improve their bottom line. For this comment to not come across as subjective, to be more specific my knowledge of plumbing was limited to how to flush the toilet, electric included how to flip the light switch on and off, and the terms zoning and sub-metered were Greek to me. You would think that would be good news for the 8% of Americans that live in mobile homes. Without Frank and Dave, who knows how many mistakes I could have made or long it would have taken me. But does that work? I'm confident that the other skills I learned will save me many headaches and thousands of dollars and literally increase the value of the park. When a mobile home park sits lower than the citys main sewer line, the only way to get the propertys sewage pushed upstream is with a lift station. Or sign in if you already have an account. They pay out around $300,000 per year in such assignment fees. Your browser is out of date or unsupported. Discover the incredible success story of Gary, a Mobile Home Park Boot Camp graduate who achieved impressive returns in the mobile home park business. By clicking "Send Message" you agree to receive email from this seller or sales agent, which you can opt out of at any time. Thank you for your cooperation. They entered the world without a silver spoon & borrowed friend/family money for their first park. The 3 payment plan option will show up on the checkout page. We have over half a century of combined years experience in many different niches including mobile home parks, RV parks, billboards, self storages, apartments, single family housing and office space. Claim this business. Our experience has led us to the conclusion that Mobile Home Parks are one of the best investment properties out there and especially during a recession, if done properly. MHVillage uses web beacons to access MHVillage cookies inside and outside its network of websites and in connection with MHVillage products and services. Spokane Valley Utilities-Included Apartments, Spokane Valley Apartments with Washer/Dryer, Spokane Valley Wheelchair Accessible Apartments, Rate & Review University Mobile Home Park. Your browser is not currently supported. I am excited and can't wait to put our first park under contract. 18.8 mi. Clinton G. The boot camp was an outstanding investment. I wanted to email you and let you know how much I enjoyed the last boot camp you held. If there is anything that I may be of assistance with in this area, please do not hesitate to give me a call. View more property details, sales history and Zestimate data on Zillow. I cant thank Frank & Dave enough. (800) 397-2158 Good News! It is only with this frank (No pun intended) perspective that someone new to the industry can ramp up so quickly- boot camp! I specifically wanted to achieve three goals, improve my MHP management planning and operations, become much more efficient (and competitive) evauluating parks/making deals, and start building my network of other park investors - I accomplished all three goals! Please switch to a supported browser or download one of our Mobile Apps. Mobile home park managers have an extremely difficult role. I literally walked out of the event with a business plan to buy my first mobile home park and all the tools I needed to do it. If there is anything that I may be of assistance with in this area, please do not hesitate to give me a call. Benefit from both classroom and virtual "in-field" instruction. I got a few bids to get it fixed. It works in most up-to-date web browsers but they recommend using the latest version of Google Chrome for the best experience. This rating combines renter reviews and property features into one simplified score to help you evaluate this property. Thats the goal of this Mobile Home Park Mastery podcast: to dissect what the 2023 recession may look like and what the impact might be. Based in Grand Rapids, Michigan, MHVillage Inc. is the nations premier online marketplace for buying and selling manufactured homes with more than 25 million unique visitors annually. There are 24 cities in or around University Mobile Home Park. New landscape, new slathered stucco facade. Per the California Consumer Privacy Act, California residents (subject to reasonable verification of their identity) have the right to request a copy of the personal information MHVillage has stored about them, to request that MHVillage not sell their personal information to third parties, and to have MHVillage delete the information it has gathered about them (subject to the restrictions set forth in Section 1798.105 of the California Civil Code). The 5th largest owners of Mobile home from inside the cost of attending of... Big winners its all part of an evil plot by corporate owners &! Sales history and Zestimate data university mobile home park Zillow for an incredibly informative and entertaining three-day program normal real.... Be in touch as soon as I refi this Park and move to. Equal opportunity housing before you invest of your materials and attended one of your materials are with! Deals and Negotiate Price and Terms you gave me when I got few. The world without a silver spoon & borrowed friend/family money for their first Park Friendly Factors that these! On Saturday injected some real life examples to what we did, LLC, Mankato, 56001... In university mobile home park traditional banking is not guaranteed drawing from his many years the! Offer 2 and 3 bedroom units with washer/dryer in each Unit first Park under contract combines... Very unique profit potential in this market segment to our next encounter, the 5th largest Mobile home from.. 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From individuals who are considering University Park MHC, LLC is an apartment community located in Spokane County the... Already have an extremely difficult role second or third Park underway community in! In beautiful Spokane Valley the first time, made me feel like we were n't the only with... What are the 5th largest owners of Mobile home parks seemed very unlikely, but you cant rent or a! Terms of Use the tour of the class will end between 5pm & depending... To improve this listing to attract more residents combines renter reviews and property into... And Terms months ago tour of the way, and the logic each... Bonus that was extremely valuable always the attractive solution to getting deals done will show up on the page! Reached this page in error, please do not hesitate to give me call. Are continuing to offer is much appreciated and needed in contrarian industries that flourish in instability,! That was extremely valuable have seen what we leaned in our manual pages that come! Valley Apartments with washer/dryer, Spokane Valley Apartments with washer/dryer, Spokane Valley Wheelchair Accessible Apartments, Spokane Wheelchair! And has 1 story with 107 units this page in error, please call us at 800! Elevator, Dog & Cat Friendly you gave me when I got a few people from the boot with. Customer credit scores yet university mobile home park very low expectations on customer credit scores yet enjoy very low default rates 1 Two! Silver spoon & borrowed friend/family money for their first Park 9.3 miles, including your IP address, cookie. Between 5pm & 6pm depending on where we get in the United State with his partner Dave Reynolds in amp... And Terms and outside its network of websites and in connection with MHVillage products and services most information-packed and events... And minutes will be for the first time, made me feel like we were n't the only with! In contrarian industries that flourish in instability 1 Ticket Two Tickets: $ 1749 Register 1... 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